₦airaland Forum

More cross deals in LINKASSURE.....
10m, 34m, 88m, 90m single cross deals...
Hold your stakes tight.....lol......
Ball is in your court o, you're the CEO of your portfolio.

NSEstudent:
Someone shared something similar. Not sure about their source but I have the JPEG.
See...

Thanks.
I saw this too, but doesn't comprise all the listed ones...... Custodian, Royalex not there.
Manageable anyway, will try and do some works on it. Thks.

GeneralDae:
“ 🇳🇬 new insurance tax law will recapitalize insurance companies in 🇳🇬 to N25 billion for non-life insurance companies, N15 billon for life insurance and N45 billion for reinsurance”

What I needed now is categorization of the insurance stocks into which particular listed one's re-capitalization is N15, N25 or N45/50.

We needed a table showing this and know what they have and how much they're looking to add.
Wanted to do this over the weekend but not chanced.

Anyone with such table already should pls share.

EDUECO:
When you see fraudsters,armed robbers and kidnappers making fast money; don't try to be like them,their success is never sustainable!

Some stocks are like fraudsters,armed robbers and kidnappers.

I laughed in Swahili 🤣
Who come do you like this?
Ellah on full bid...
Insurance on full bid...
Don't you realize the more you're bad mouthing, the more they're firing up? Lol
You sure you're an investor in this market?

LINKASSURE
Huge offers placed @2.26 but before investors will mop it finish, they don come pack am.
So, who are those that mopped the huge offers earlier available?

Another N1billion+ spent today...

ELLAHLAKES on full bid @14.60....

LINKASSURE......this overlooked insurance stock will perform wonders....😁

SUNU should double this present price expectedly......when the happening guys reason am....

At present, all in the sector is going to do well........but some will perform excellently well once they start rolling out their recap plan.

CORNERST, a stock to keep keen eyes on...... promising

** We needed update on Wapic's buyout plan, I guess they aborted maybe.
Anyone with update?

Delayed data from NGX.....

* Ellahlakes touched 14...

* Insurance bull continues.....

* LINKASSURE entered Morgan's recommendation ......N3.50/N4......

nosa2:
I dont have a way to reach them.

The thing is that a lot of the members from SMN are a lot older and richer. As such they may not see the need for a web forum as much as they did 15 years ago.

Don't conclude so easily like that sir.
Yes, they are likely very wealthy now but I want to believe that investing and investment must have become a part of their body system now....😁
I can say they're still very much in the business till now...rich people no dey get tired of getting richer and richer. Lol.
Contact Oga Emma, he'll get them or their contacts for you.....Also invite him as well.

Streetinvestor2:
OK oh, no vex.You look BEAUTIFUL
In the picture

This Street self 😁
Looks like you already unblocked me....
Nice picture he's got there.....like one High Chief.
I even thought say na Mankind picture or just a random pic.

Streetinvestor2:
If u can reach out to ogg and oracle to come on board it would be nice as they are no longer here

Honestly, this is one of the things I'd said I'll tell him.

Oga Nosa2 , contact Oga RabbiDoracle and invite him....
Get Oga Wanaj0 and invite him

Fortunately, you're also in their leagues.
Think you were all former SMN members.
Many of us needs to continue to benefit from their wealth of experiences.

Also, the letterings were small, if you can make the size a bit big.

nosa2:
Am I allowed to post the link?
ngxforum com

Boss, to put the link in your signature:
* When you login, on top of NL page beside your Username, you'll see "Edit Profile", click on it.

* On the edit page, type or copy/paste the forum link on the "SIGNATURE" column.......then,
* Click "Update Profile" to save it.

Locotrader:
Na only you dey attempt to see wetin I dey see

Royalex now @2.37
Closed to full bid

Profit taking is expected along the way.

Let's wait for SUNU's response in coming days.....
Someone presently offloading..
He's been on this even before the announcement, thereby crashing the share price, let's see how it goes or how the parent company responds in coming days.....

* We are also awaiting action plans from the insurance companies as well...... on how to meet up with the new capital requirements.

I don talk say I no wan discuss insurance related matters, but as per say this is the sector NGX tilted to, wetin human pikin go do? 😁

JIJOists, Una well done too o. 😁

Fred2020:
Linkassure back on full bid!!

Over N1bn spent on it so far....
With over 500+ units done..

*492M unit single cross deal @N985million
Presently on full bid @2.06

In all you4 panic sell, don't sell strong insurance stocks....
If you want to sell, go ahead, institutional investors and the companies themselves are interested in your shares .....
FPI and strategic investors too will be interested at some points..

* Meanwhile, ELLAHLAKES touched 13....
* GUINNESS @155.75 .....+10%
* BUAFOODs touched 599.90 intraday..... Awaiting 100k to move it up

EDUECO:
Mutual benefits bullish trend is also coming to an end today.

Continue to make people sell in panic....
Some of those stocks are getting serious patronage in market, yet you're here looking for the negatives...

Aiico and some others are going back to full bid now..
*Aiico on full bid @3.50
* Cornerstone full bid @6.41

There are some of these insurance stocks that shouldn't even be sold prematurely.....mostly the fundamental ones...
.. and fundamentals may likely be carrying others along because they're all in the race for the recapitalization

chimex38:
Make I help you post the link.
https://ngxforum.com/

I particularly like the different section for each stock or business category.
Makes for easy reference and structured and streamlined discussion.

Good.
I guess he should have input http just like you did.
The link will take people directly to the website to register.

Make Una go register to learn from our savvy and guru Oga on top.... and be participating as well.
We actually needed alternatives to Nsempa....Una off topics too much here......also don't carry your gbas gbos go there o.......Street, don't carry your kpakus go there. 😁

https://ngxforum.com/
.

elpaso007:
Hello Madam. Eku market o...
I want to ask how well you still rate both Atlass or Apel, in terms of ease of funding, withdrawal and general service quality?

Anyone currently using either of these brokers can please help answer this too.
I just want a first hand review of current customer, final responsibility and liability are mine.
Thanks for your attention to this matter

I'm not using APEL, I got it as recommendation from someone but one or two people's comments thereafter was not encouraging.
We've discussed about these platforms at different times, with people having different opinions I think.
* Users of these platforms can pls respond for wider and varied opinions.

nosa2:
How do you suggest I get people to come to the platform?

You can post the link here and keep posting it from time to time too.....telling people briefly about what the platform is all about.
You can also put the link in your signature.

* You can equally advertise it on NL investment forum.

Hope others here can suggest other means.

nosa2:
I know you know there is a stark difference between price and value. That Ellah has touched N12 does not mean it is worth N12. Do I regret selling, YES. Would I have sold if I knew the future? Hell no! How ever I did not know the future and I took the best decision based on the information I had at the time.

With regards to the insurance sector I believe the biggest issue we have with insurance in Nigeria is cultural and I don't think the bill will address that in the immediate future. However, insurance companies invest in fixed income securities and equities and with both assets giving decent returns the insurance companies should be worth more than they are. So I am bullish on insurance companies but the last result from linkage just wasn't very sexy.

Anyway make we dey try get these conversations on my platform na, ngxforum com

Its more structured and focused solely on NGX conversations

Boss, you're very correct sir.
Value is different from price.... ironically, traders pay more attention to price 😊
You're also right about the insurance perspective sir.

Interesting to know you have a platform.....
I've checked it out, hopefully a gambler like me can fit in there.,😁
Try and invite Nsempa value investors as well, will find the knowledge there very useful too.

* Wish you had not allowed the noise here to distract you on ELLAH that time.

nosa2:
We are now entering casino territory.
Once I take my loot from Guinness I will leave you people to enjoy the party.
I do not share this your bullishness on Linkage. Last result was rubbish

* Oga Nosa2, so recapitalization and transformation of insurance sector is Casino? Lol.
Thank God the news is all over the media, it's not like someone in Nsempa is making it up.
* You exited ELLAH prematurely ar circa N4+ when you couldn't see any value there again....but on the contrary, it has done close to +200% after that.

* Concerning Linkage, the Insurance Reform Act is a game changer......a situation where we may even see the worst among the listed ones performing excellently well than the solid ones.....depending on coming developments in the sector.
** The volumes we are seeing aren't for the fun of it....
* A year was given for this recapitalization, so things might not slow down too much as may be expected.

** That said, I may be limiting my posts here on Insurance related matters....let's allow Mr. Time to play its role.
The kind of comments I'm seeing and reading by some guys are worrisome.....
Do they think NGX or insurance reform is MMM or CBEX?
People buy and sell for various reasons, and stocks fall and rise for various reasons as well.
God sparing our lives, we'll all be following as everything will be unfolding in coming days.

Boshins:
That will be cool...

Lol
He's coming for you.... 😁
It's like he blocked me, so he won't see my post.......except if he view the thread as a guest... 😊

The bot self is vexing with Streetinvestors posts.....
Just banning him anyhow....
Small time the thing go ban him till 2028.... 😁

ELLAHLAKES on the move.....
Above N12 at the moment...
If seated, sit well..
If it resembles kpakus to you stay off...
If e get to N20 maybe you fit see am as 🌴 😁

Meanwhile, this Linkassure offloaders doesn't seems to know what they'll eventually lose in near future in terms of revenue.......
Smart investors with foresight picking anyway....
Linkage at below N2 is ordinarily cheap before....not to talk of the time Reform Act is signed into law....
Don't ask me how I did the calculations o, na numbers I just dey throw 😁

Zagee:
Pot no dey ever done😂

Lol
Pot go done one day. 😁

yMcy56:
Oando on the move......
Last minute rush..... Up to 56.90 but no 100k single trade to move it yet...
Any news?

OANDO closed @59!!
Strong rushing...
That's around +9% or so...

Benbuffet:
Not same person; you have my respect and I actually appreciate the type of information you give here. You don't dish out unrealistic expectations like some. Kudos to you!

Oh! Apologies for that then.
Thanks for your kind words.
I guess it's Youngbuffet that's same as Edueco

Oando on the move......
Last minute rush..... Up to 56.90 but no 100k single trade to move it yet...
Any news?

Benbuffet:
There’s nothing wrong with momentum trading, we all do it, but don’t mislead others into getting trapped by advice based on unrealistic expectations

You don appear with this moniker again?
Well-done o
"Edueco" don go rest small 😁

Seems some people are just seeing the insurance reform act news....
More cross deals ongoing now....

If you mistook Cross deals for exiting and you rush to sell in panic, na you come know....
Those on queue also wants to buy anyway.

Insurance stocks also needs to reprice.....
Many of them are grossly undervalued..

Exchange rate @200, price remains under N1..
@400, under N1, @800 under N1, @1560 again we still expect them to remain under N1, dem wan kill the businesses completely ni?

** Caveat: Not any form of advice, you are the CEO of your portfolio**

KarlTom:
It's still visible with AtlassP but not visible in MorganC

Ok thanks.
Can't be viewed from Morgan

SUNU GROUP
SUNU Parent Company pledges to meet any recapitalization thresholds that will be set by the Nigerian authorities....
Parent Company located in France...

https://www.google.com/amp/s/punchng.com/sunu-group-pledges-to-meet-recapitalisation-requirements/%3famp